Gildan Activewear Price Target Raised to $82 at RBC

MT Newswires Live
Jul 31

RBC Capital Markets raised its price target on Gildan Activewear (GIL.TO, GIL) to $82 from $78.

Analyst Ryland Conrad maintained an Outperform rating on shares of the Montreal-based clothing manufacturer following its quarterly results on Thursday.

"Despite the modest revenue shortfall, we believe Gildan's Q2/26 results and revised 2026 guidance checked most of the boxes with structural upside to profitability and a clearer path to resuming share buybacks by year-end with the announced sale of HanesBrands Australia," Conrad said in a note to clients.

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